US History_The Great Depression 8.1 & 8.2

4. During the early 1930s, dust storms blackened the skies of the Great Plains for hundreds of miles.

The Dust Bowl occurred primarily because plowed land was left uncultivated and there was a terrible drought.

companies make more goods than people can buy, causing a decrease in sales

What effect did the Federal Reserve keeping interest rates low have on the United States?

What effect did Dust Bowl refugees have on California?

“Okies” were usually farmers who sold their land and used the profits to travel to California and begin new lives.

Why did California apologize to people of Mexican descent for actions taken during the Great Depression?

when many depositors decide to withdraw their money at one time

During the Depression, charities set up ______________________to give poor people meals.

As a result of the stock market crash, some banks suffered more losses than they could absorb and

Buying on margin was a method of buying stocks

a long period of rising stock prices

The Depression improved steadily during President Hoover’s administration.

Blaming the president for their plight, newly homeless people established shantytowns they called Hoovervilles.

if they remain too low, banks make risky loans and companies expand too much

At the time of the stock market crash, the government did not insure bank deposits, so

In search of work or a better life, many unemployed people

making investments in hope that prices will go up, yielding a quick windfall

What was a cause of the Great Depression?